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23 October 2023 | Story SAMKELO FETILE | Photo SAMKELO FETILE
Third year students: Sipho Majenge, Thapelo Tinte, Dr Edson Vengesai, Busisiwe Nhlapo and Tsolofelo Zwane.
Third year students: Sipho Majenge, Thapelo Tinte, Dr Edson Vengesai, Busisiwe Nhlapo and Tsolofelo Zwane.

The University of the Free State (UFS), Department of Economics and Finance in the Faculty of Economic and Management Science, has recently made headlines by achieving remarkable success in the prestigious JSE Investment Challenge competition. The 3rd-year group secured an impressive second position, while the Honours group claimed an outstanding third place. These achievements are truly commendable, given the fierce competition and rigorous evaluation of financial acumen that characterises this national competition.

The 3rd-year group, consisting of Thapelo Tinte, Sipho Majenge, Busisiwe Nhlapo and Tsolofelo Zwane, showcased their financial prowess by excelling in trading futures, a complex financial instrument that demands in-depth knowledge and expertise. On the other hand, the Honours group, comprised of Dawie Bekker, Divan Koch, Keith Tarr, and William Oosthuysen, dedicated their efforts to the stock market. These talented individuals took on the trading aspect of the competition, meticulously constructing and managing their portfolios.

The significance of the JSE Investment Challenge

The JSE Investment Challenge, organised by the Johannesburg Stock Exchange (JSE), is a prestigious national competition designed to introduce students to investment fundamentals, offering practical experience that equips them with the knowledge and skills necessary for informed decision-making in real financial markets. This educational stock trading programme also champions financial inclusion and equality by welcoming students from all fields of study. Distinguished by its association with the JSE, one of Africa's leading stock exchanges, the competition exudes credibility and prestige. Participation from universities across South Africa further enhances its national appeal. Moreover, it imparts invaluable real-world financial skills and knowledge, highlighting the participants’ ability to navigate the complexities of the stock market and effectively manage portfolios.

A test of financial prowess

In the challenge, each participating team is allocated R1 million in virtual money and is tasked with constructing a portfolio by purchasing securities on the JSE. This portfolio is closely monitored over six months, from March to September, with the team that generates the highest return across all universities declared as the winner. The rewards are enticing, with the top team receiving R30,000 and an all-expenses-covered international trip. The second and third-placed teams receive R20,000 and R10,000, respectively.

Dr Edson Vengesai plays a pivotal role as the guiding force behind the JSE Investment Challenge in the Department of Economics and Finance. He emphasises, “The success of the students in the JSE Investment Challenge reflects the institution's commitment to providing practical and relevant education. It demonstrates that the students are not only learning theory but also how to apply that knowledge in real-world scenarios. This achievement enhances the institution's reputation, particularly in the fields of finance and economics. It signifies a high-quality curriculum and a dedication to excellence in education”. 

For more information about the competition, interested individuals can contact Dr Vengesai through the Department of Economics and Finance in the Faculty of Economic and Management Sciences or via email at vengesaie@ufs.ac.za.

Dawie Bekker, William Oosthuysen, Dr Edson Vengesai, Divan Koch and Keith Tarr

Honours students: Dawie Bekker, William Oosthuysen, Dr Edson Vengesai, Divan Koch and Keith Tarr.

News Archive

Two honorary doctorates part of highlights at UFS graduations
2017-11-30


  Description: Dec gradspeakers Tags: Graduation Ceremonies, Prof Paul Holloway, Marius Botha, Joyene Isaacs, Likeleli Monyamane, Leah Molatseli, Dr Imtiaz Sooliman

  Leah Molatseli (left), Dr Imtiaz Sooliman, and Likeleli Monyamane will be
  the guest speakers during the End-of-year Graduation Ceremonies
  at the University of the Free State.
  Photos: Supplied, www.mudboots.co.za

Roads and entrance closed due to roadworks on the Bloemfontein Campus

Graduation Livestream

Two honorary doctorates and a Chancellor’s medal will be some of the highlights during the End-of-year Graduation Ceremonies at the University of the Free State (UFS).

The Callie Human Centre on the Bloemfontein Campus will once again welcome graduates, their parents, friends, and relatives for the celebrations on 6 and 7 December 2017. A total number of 1226 qualifications, including diplomas, certificates, and degrees, will be conferred during the two days.

Altogether 40 doctorates and 109 master’s degrees will be awarded. Most doctorates (19) will be awarded in the Faculty of Natural and Agricultural Sciences, while most of the master’s degrees (27) are in the same faculty.

Prof Holloway, Botha, and Isaacs honoured
Prof Paul Holloway (Natural and Agricultural Sciences) and Marius Botha (Law) will receive honorary doctorates during the afternoon ceremony on 7 December 2017, while Joyene Isaacs (Natural and Agricultural Sciences) will be honoured with a Chancellor’s Medal.

Prof Holloway is an internationally acclaimed expert in the science and technology of surfaces, thin films, and nanoparticles, and Botha has played a significant role in financial planning in South Africa. Isaacs is the Head of Department of the Western Cape Department of Agriculture, and her department has been nominated by the South African Institute of Government Auditors as the best government department. 

Young leader, young alumnus, and humanitarian

Likeleli Monyamane, Leah Molatseli, and Dr Imtiaz Sooliman will be the guest speakers at the ceremonies.

Monyamane, a UFS Council member, will address graduates on 6 December 2017 during the morning ceremony. She is one of 15 young leaders selected to represent Lesotho as participants in the Mandela Washington Fellowship in the United States. In 2016, Molatseli, the speaker during the afternoon session on 6 December 2017, launched South Africa’s first legal ecommerce website, Lenoma Legal, and is the university’s most recent Young Alumnus of the Year.

Dr Sooliman, the speaker at both ceremonies on 7 December 2017, is the founder and Director of the Gift of the Givers Foundation. He has received more than 100 national and international awards, citations, commendations, and special recognition for his humanitarian work.

Date: 6 December 2017
Time: 09:00: All qualifications up to Honours degrees in the Faculty of Economic and Management Sciences (including the Business School) and the Faculty of Natural and Agricultural Sciences
14:30: All qualifications up to Honours degrees in the Faculties of Education, Law, the Humanities, and Theology

Date: 7 December 2017

Time: 09:00: All qualifications up to Honours degrees in the Faculty of Health Sciences and Educational qualifications in Open Distance Learning – South Campus
14:30: Master’s and Doctoral degrees in all faculties

For information about the ceremonies, click here to visit the graduation home page.

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